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Lindsay Avenue, Abington

East Midlands

£200,000

Listed on 24/06/2026

Property Details

Bedrooms
2
Type
Terraced
Area
922 sqft

Description

This property presents a unique investment opportunity, originally built as a three-bedroom house and now reconfigured into two self-contained one-bedroom flats. The current layout has not undergone formal conversion and lacks the necessary planning permission or building regulations approval, offering room for renovation and potential reconfiguration. The ground floor features a shared entrance, lounge, kitchen with access to a sizable rear garden, double bedroom, and shower room, while the first floor includes a lounge, kitchen, double bedroom, and bathroom. Additional amenities consist of gas-fired radiator central heating, uPVC double glazing, and off-road parking available for two vehicles on the front driveway. This versatile property is ideally suited for investors looking to obtain the requisite consents for formal conversion or for those interested in restoring it back to its original three-bedroom family home configuration. It is being sold with no onward chain.

Investment Analysis

(NN3 area)

Below Market Value

This property is priced -25.8% below area average per sq ft

-25.8%
Potential saving
This Property
£217/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£272
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£296,501
10% above area average per sq ft
Potential ROI
+23.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
67
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (NN3)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -0.8%
5 year growth: +11.1%
Investment Disclaimer: Analysis based on NN3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Lindsay Avenue, Abington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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